Foreign Exchange Management Act , 1999 Foreign Travel

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Full Text of the Document

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....anagement Act , 1999 Foreign Travel Attention of the Full Fledged Money Changers (FFMCs) is invited to paragraph 1 of A.P. (DIR Series) Circular No.1/A.P.(F.L. Series) Circular No.1 dated June 1, 2000 advising them to release foreign exchange not exceeding U.S.$.5,000 or its equivalent , (paragraph 10 of FLM) per person, in one calendar year for one or more private visits and not exceeding U.S.$.....